At the recent Expo Real, leaders from the Society of Industrial and Office Realtors (SIOR) shared insights into emerging trends in the commercial real estate market, highlighting shifts in market sentiment, key industry trends, and the organization’s strategic membership growth across Europe. In a discussion with Property Forum, Robert Thornburgh, CEO of SIOR, Iain Finnegan, European Region Chapter President and founder of Finnegan Menton, and Matthew Leguen de Lacroix, Head of Business Development for SIOR in EMEA, discussed the evolving industrial and office investment landscape.

GARBE has been on the markets in Central and Eastern Europe for 4 years. Now the company has announced the full occupancy of all its industrial parks in the region. 

VGP has completed the final phase of VGP Park Olomouc by handing over Hall E to Mapei. VGP Park Olomouc with a connection to the D46 highway has been offering offers spaces for production, logistics and business activities. 

In a recent conversation with Property Forum at Expo Real, Karel Stránský, CTP’s newly appointed Group Business Development Director, shared his vision for advancing CTP’s growth in high-potential regions and expanding its solutions across markets. Joining CTP after a long career serving industrial tenants, Stránský discussed his immediate goals and what trends are set to reshape the logistics and warehousing industry by 2025.

Panattoni and E.G.O., one of the suppliers of components for domestic appliance manufacturers, are starting the construction of a new production facility in Łódź. The investment is valued at over PLN 100 million (ca. €23 million).

The demand for industrial space has been still below the five-year average in the third quarter of this year, published Colliers in its regular quarterly industrial real estate market report. However, the first signs of market recovery have appeared and the number of concluded contracts has grown slightly. 

According to the latest report from Cushman & Wakefield, Poland recorded the second-highest industrial take-up in Europe between January and September 2024. Looking ahead, robust demand, coupled with a decline in speculative construction, is likely to tighten the availability of warehouse space for lease.

7R and EQT Exeter are jointly developing a two-building 56,000 sqm logistics scheme located along the D8 Motorway servicing Greater Prague.

The total investment volume in the Czech Republic for the first three quarters of 2024 has exceeded the €1 billion threshold, reveals a regular quarterly survey published by Colliers. Approximately half of the properties bought and sold in 2024 are located outside Prague. 

According to Savills' analysis of the industrial real estate market in the Czech Republic, lease renegotiations, or the extension of older lease agreements in existing premises, have become a significant part of the warehouse and manufacturing real estate market.